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20121222
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MSNBCW 19
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CNBC 9
CNNW 9
CSPAN 9
KRCB (PBS) 4
KQED (PBS) 3
KQEH (PBS) 2
CSPAN2 1
KGO (ABC) 1
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English 88
Search Results 0 to 49 of about 88 (some duplicates have been removed)
CBS
Dec 28, 2012 6:00pm EST
south asia correspondent julie mccarthy, who's reporting this story from delhi. jns julie there are tens of thousands of rapes in end yabs, there are 40,000 rape cases currently-- currently in the courts. why has this case caught the national imagination? >> wbltion i think what cause the imagination of the people was this horrendous attack on this young woman that is 23-year-old girl who was-- who is at the heart of this upheaval in india. after the shock subsided there was anger and it poured out into the streets. so you had a very graphic symbol around which people rallied. and the protests in many ways were spontaneous. they were driven by the it revolution that is india. social media played a huge role in assembling people, getting out the message, what were they doing, where were they doing it. and prot testers were demanding sus 'tis for this young woman who they said was gang raped on a moving bus that passed through police check pointses that assault was taking place. so there was dismay of the police who had long been criticized on their infectioniveness on handling violent cri
PBS
Dec 28, 2012 5:30pm PST
south asia correspondent julie mccarthy, who's reporting this story from delhi. jns julie, there are tens of thousands of rapes in end yabs, there are 40,000 rape cases currently-- currently in the courts. why has this case caught the national imagination? >> wbltion i think what cause the imagination of the people was this horrendous attack on this young woman that is 23-year-old girl who was-- who is at the heart of this upheaval in india. after the shock subsided there was anger and it poured out into the streets. so you had a very graphic symboaround which people rallied. and the protests in many ways were spontaneous. they were driven by the it revolution that is india. social media played a huge role in assembling people, getting out the message, what were they doing, where were they doing it. and prot testers were demanding sus 'tis for this young woman who they said was gang raped on a moving bus that passed through police check pointses that assault was taking place. so there was dismay of the police who had long been criticized on their infectioniveness on handli
FOX News
Dec 28, 2012 1:00am PST
sides. joining us now from new york, julie riganski, a democratic strategist and here in washington, steven moore, a member of the "wall street journal" editorial board. sesteven, let's start with you. great to hear harry reid on this. the last time i checked the do so called proposal that a he put forth in july didn't really receive any support and only dealt with tax increases. it wasn't a comprehensive deal and didn't involve real spending cuts it was just raise tax and it went no where. for him to blame republicans, come on. >> don't forget, it has been 13 hyundais since hair arery reid even passed a budget out of the united states senate. we don't even know what the united states senators stand for in terms of the budget debate. the same thing on taxes. the house actually passed a lot of people don't know that earlier this year the house passed a bill to extend all of the bush era tax cuts for another year until resolve the issue. the senate again didn't act on that. the grave yard of the items are the united states senate. the other thing interesting harry reid said the presid
MSNBC
Dec 29, 2012 11:00am PST
weekend. the weather channel's julie martin is at new york's laguardia airport. how bad is it right now, julie? >> reporter: right now we are getting a bit of a break, craig, but there is more to come with this system. it is just now a little bit south of the new york city metro area. i'm at laguardia, and i can tell you we've seen 50 or so cancellations as of this morning and this afternoon, but more likely to come as the snow really starts to work its way into the city this afternoon and this evening. we're looking to pick up anywhere say one to three inches in manhattan and some of the higher elevations like the hudson valley and you could be looking at anywhere from 6 to 8 inches and cities like boston are going to get socked this evening and we could see anywhere up to a foot of snow in the boston area so certainly travel in and out of logan is not going to be too keen by the time tomorrow morning rolls around if you are trying to get there for the holiday destination for the new year. here in new york it's not as big of a storm as we saw in the past week where we saw hundreds of d
CNBC
Dec 26, 2012 3:00pm EST
in july, early july, and today we're up 3.7% at 1928. however, look at a one--year chart of the dow comparing it to the vix. what often happens is when the vix peaks as it did in june and july, that can mark a bottom in the stock market so we're starting to move up again. i'm just saying. not trying to forecast anything and here's what happened today at the dow, sort of falling off here in the latter part of the hour but not off. off the lows of the day. down 21 points. material stocks were the strength today. up 1.5%. everybody else was either unchanged or lower. what do you make of the increased volatility or increased fear here, david darst, as we go into the end of the year? >> one of the best charts is the vix being high. it was a time to buy. in chicago that's a famous saying. when the vix is high it's time to buy. >> we high enough yet? >> not yet, not yet. got the fiscal cliff issues which you've talked about a lot here. >> yes, we have. >> jobs coming out on friday. morgan stanley looking for 185,000. basically the housing market, you had the case schiller numbers today. it
CNBC
Dec 27, 2012 4:00pm EST
on july the 25th the democratic bill is, quote, a revenue measure that didn't originate in the house so it's got no chance whatsoever of becoming law, end quote. that's what i said back on july 25th. the only reason we ever allowed that vote on that proposal, as i said at that time, was that we knew it didn't pass constitutional muster and that democrats were really serious they would proceed to a revenue bill that originated in the house, as the constitution requires, and as i called on them to do again last week. to repeat, the so-called senate bill is nothing more than a glorified sense of the senate resolution so let's put that convenient talking point aside from here on out. last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here, and as i said this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. that havin
FOX Business
Dec 27, 2012 4:00pm EST
level since late july, remember when volatility is up, it usually means the market is down. for five months the vix has traded below its two decade historical average of 20. longest such streak in more than five years. but over the last month, it has rallied about 23%. but ending down for the day. shibani: a lot of uncertainty in today's markets. with the markets bouncing back and bouncinn around surrounding fiscal cliff talks and the clouds overhead, wouldn't it be nice to take a vacation, even better, one that's priced well, a bargain. coming up travelocity senior editor lets us in on deals for new year's eve and what's going to be hot for 2013. looking forward to that. david: we just found out we will probably be working on new year's eve and so are the people in the white house. the president is back there, trading the heat of the sun in hawaii going to the heat in washington. steve forbes will be coming up later in the hour. shibani: we will tell you what drove the markets today with today's data down load. stocks gaining momentum in the last hour of trading crawling back from t
FOX News
Dec 28, 2012 12:00am PST
and that the speaker was offering him that you had to raise rates. obama himself, as you know, said last july, july, 2011, you can get $1.2 trillion by eliminating loopholes, which is exactly what republicans offered him. so why did he insist on the rates? he said that is what he will insist upon, and that was the ultimatum. he did that because he knew it would create a crisis among the republicans and it did. so right up until now obama has what he wanted, which was a partisan, political success. he's been less worried about the fiscal issue for two reasons. number one, he does not care about debt. he hasn't in the four years. and number two, he thinks he's a political winner if we go over the cliff. he thinks he's holding all the cards. >> all right. charles, let me agree with one point. you use the term, and i will concede that's the perfect term, ruthless skill. but, as bob woodward pointed out when he wrote this book about the grand bargain negotiations, it's not going to be looked at through this historical prism as the boehner era, this is the obama e.r.a. if the economists are right and thi
MSNBC
Dec 22, 2012 12:00am PST
a bill exactly like this sitting in the united states senate. harry reid passed it back in july, and republicans refused to vote on it. boehner, why don't you vote on that? the time for complaining about this deal, totally over. >> nobody can get 100% of what they want, and this is not simply a contest between parties in terms of who looks good and who doesn't. >> don't you think republicans need to be careful about pushing back on this for the good of the country? if no deal is struck this year, president obama, what does he have? well, he's got the inauguration coming up. a big platform. he's got the state of the union address coming up. a big platform. he is going to have a better chance to have the american people on his side. president obama urged all members of congress to get some perspective over the holiday weekend on this. >> everybody can cool off. everybody can drink some eggnog, have some christmas cookies, sing some christmas carols, enjoy the company of loved ones, and then i'd ask every member of congress while they're back home to think about that. think about t
MSNBC
Dec 24, 2012 11:00am PST
in july and for december 72 points. in july, it was 82. so we're seeing the sentiment decline over the last couple of months. also, consumer confidence at the lowest it's been in five months so really seeing that kind of permeate over the last couple of months and especially goins forward and we have also seen some mild weather over the last couple of months so especially in the midwest and the northeast so i think that's going to have something to do with the fact consumers aren't spending that much. >> you would think that because thanksgiving, we think back to november, fell earlier this year. >> right. we had more time to spend. >> we had more money spending and would think that the number would be a little fluffier. >> you would think. think about what was happening in those 31 days where people supposed to spend. people were recovering from sandy. all we have been bombarded with is negative news and newtown and i think weighing on the minds of the american consumer more than we think. >> thank you. appreciate your time. >>> president obama in hawaii with his family and fiscal
FOX News
Dec 26, 2012 10:00am PST
strategist and a former campaign aide for president george w. bush, julie roginsky is former political adviser to new jersey senate frank lautenberg. good to see you both. >> good to see you. gregg: didi, smoot-holly was passed decades ago for the purpose of putting tariff limits on incoming products. do we need to reexplore that? >> yeah. this was, this was back in the '60s. i mean, this was ancient history. why should these workers who get paid very well also get on top of that the booty of $15-$16,000 more. for what? this is just an extra fee and extra goodies per container. what this was back in the '60s was a way to help there be more workers, it was a deal done with the unions and the ports so they wouldn't use as much equipment and so they wouldn't be as efficient so they could keep their union workers. it's outdated, and it's wrong and, really, it's terrible -- gregg: julie, what do you think? >> i think if we're talking about smoot-holly which is a different issue just raised by didi, but, yeah, i think the president will probably intervene, and he did last time on the west co
CNN
Dec 28, 2012 1:00pm PST
the grand opening in july and not only the shuttle which is the centerpiece of all of this but there will be a telescope replica suspended here in this exhibit area. there will be about 60 int active games and such for people to see and use and play with and get an idea of what it's like again, it last flew in july 2011. that was the final shuttle flight of the shuttle program in history and atlantis, of course, the last of the shuttle fleet to fly. candy? >> john, thanks so much. it looks like fun. i will be there next summer. >> sure. >>> you're in "the situation room." happening now, the uniquely washington version of let's make a deal. we have the latest from the this afternoon's big meeting in the oval office. who's eavesdropping on your e-mail? the government may be. what congress is doing that may have civil libertarians up in arms. >>> and a plea for help describing work conditions and it may be a hoax and dirty international politics. welcome to our viewers around the united states and around the world. wolf blitzer is off today. i'm candy crowley and you'r
MSNBC
Dec 27, 2012 11:00am PST
travel in to the week. julie martin at new york's laguardia airport. >> reporter: well, a very busy day here at the new york airports but not as busy in terms of cancelations fortunately as yesterday. in fact, system wide yesterday we saw about 1,600 flights canceled across the u.s., hundreds of them were here at the new york airports but as of today so far just about 50 or so in and out of laguardia. about the same for jfk and newark. one of the big reasons, the weather is improving. we're still seeing some low ceilings here but the rain has all but moved out of new york city and those winds which have been the big problem have died down in to the teens so that's really no issue for the pilots here. what is still an issue, though, is the fact that so many people are traveling for the holidays, trying to get home from the holidays or get to the next holiday destination for the new year and unfortunately we have another storm system that's going to be working its way in to the northeast in the next couple of days, just in time for the new yore's holiday so, in fact, we could see more str
MSNBC
Dec 29, 2012 12:00pm PST
of the new york city area. weather channel's julie martin standing by at laguardia. what's the seen now, julie? >> reporter: craig, in fact, half of those cancellations have come from the new york airports and 180, jfk, laguardia and newark as of this hour. in terms of the delays we are not seeing them mount as much as we would have thought at this time and one of the reasons that snow not quite working its way into the tri-state area just yet, but we are, nonetheless, seeing low ceilings and visibility issues and certainly wet runways as a result of the storm which will continue to crank along throughout the afternoon and the evening before winding down overnight into tomorrow and really impacting cities like boston which could pick up a foot. i would expect to see major delays for you. here in new york, we are anticipating those delays to continue to climb throughout the evening. one of the good things with this storm, versus the storm earlier this week is the winds are lighter with this so it won't be as much of an aviation problem. nonetheless, if you are traveling you will want to
KRON
Dec 28, 2012 5:00pm PST
is not the longest since july. the nasdaq lost and the s&p lost 15. >> the dow jones lost 158 eight points, one above longest since the month of july. also, some of these fines are related to and proper mortgage practices improper---mortgage practices. >> jacqueline: even on the river, we ca see some return of precipitation but it is not hitting the ground on the--radar. however, that could change in the next 24 hours. this portion right here will get to the coast. it could take about one hour per going just west of the and this will go right to with the coast. and with drier conditions fortunhayward, redwood city and along the san mateo coast guard and also for the inland valleys with showers in the north bay. rainfall south of the golden gate and as it continues some showers wrapping are browne around withs could be degreasing for the afternoon. here is what we can expect. it decreasing-- clouds however the coast could see one-inch of rainfall in certain areas. as for temperatures? there could be a cold blast of cold air. locally, precipitation at 3,000 ft.. but we could see some light dusting of s
CNBC
Dec 27, 2012 1:00pm EST
're in for any kind of calamity. >> 20.3. >> that was in july. look at the february and april. they're actually -- well, april is just about even where we are now. february certainly doesn't suggest any kind of a plunge. >> no, doesn't portend any kind of craziness. thank you, mary. >> tyler. michelle, thank you. with senate majority leader harry reid warning we are going over the fiscal cliff, let's pose the question is it better if that were to happen. are automatic spending cuts perhaps what the country needs? josh bulk is a national correspondent with the fiscal times. josh, good to have you back. good to see you. >> good to see you. >> it's not all that bad if we go over the cliff. is there a good, compelling argument to make for doing so? >> there are compelling arguments to make for going over the cliff. it might create pressure for a genuine and real deal, not just with tax reform but spending cuts, but there's a lot of dangers in doing it. one of the big things that's screaming on my radar is the alternative minimum tax. that's a tax that is meant to prevent the wealthiest from escapin
CNN
Dec 28, 2012 4:00am PST
in july that says 98% americans, income up to 240,000 would continue to get tax cuts. above that, people would may more. they made excuses, the bill wasn't right. we have the bill in the house, the bill in the senate. the bottom line is when the speaker put on the floor last week the bill that would say, okay, how about everybody up to $1 million gets a tax cut. couldn't even pass that. we're stuck. we're really stuck. >> the house gop said they put a bill forward in august. so everyone sort of covering themselves saying we got a bill. we didn't ask to go over the fiscal cliff. i'm kind of glad at 3:00 this afternoon, both sides of the house leader smip and house are meeting. do you think that there is the will to go in and say we've got to solve this. guys, we have just got to solve this. we cannot riske putting america back into a recession. consumers are feeling badly now, but were feeling okay. do your colleagues get how serious this is? we could send america to recession? >> i believe in the senate that we do. we're having a lot of very important, very good, positive conversations b
ABC
Dec 28, 2012 5:30pm PST
out who i was, and not what they wanted me to be. >> reporter: dave and julie ireland could not be reached for comment. but in court documents, her father claims his daughter is lying and is mentally ill. >> they may be trying to call for help, for someone to pay attention to something that otherwise we may overlook. >> reporter: but the court sided with aubrey ireland. the parents reportedly now want the college tuition they paid for returned. their daughter says, all she wants is her life back. cecilia vega, abc news, los angeles. >> our thanks to cecilia. when we come back, the instant index. and while millions watched her movies, who was secretly watching over marilyn monroe and her close circle of friends and what were they looking for? so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and shou
FOX
Dec 27, 2012 6:00am PST
far santa rosa since july 1st, over 22 inches of rain, san francisco approaching well above average 174% of average. as far as current numbers they are in the 40s, napa checking in at 40 degrees and livermore 4 is and a lot of cloud cover and you can see the source of the big blanket from eureka down to monterey bay. we did a dry weather forecast and skies are becoming partly cloudy into the afternoon hours. there is another whether -- nicer weather and beginning friday lasting into early saturday morning. here is an end cries in clouds and we will -- increase in clouds and all of this rainfall remains offshore and it is close enough for shower chances friday lasting into saturday morning, decreasing clouds by saturday afternoon. a quick update on the sierra. the winter storm is expired and pack if the gray area, temperatures are warming back up into the 50s for afternoon highs. half-moon bay 53 and san jose 54. showers lasting early friday into saturday morning and we will have a few extra clouds by monday as we wrap up 2012. >>> the bank does not have to pay restitution to custome
CSPAN
Dec 28, 2012 1:00am EST
was to pass every appropriations bill by the fourth of july break. my staff said i am crazy. it was feasible if you went about the work seriously. by the fourth of the library, guess what? all of the bills had been passed. we were able to send everyone of those bills to the president's desk. they were signed in the law with bipartisan support. that sort of work can make a difference. more voices need to be heard in support of that effort. >> my recollection would be since then, it has been budgeting by continuing resolutions. >> we have done an awful lot. a lot of people do not realize we have demonstrated we can do this regular order. the more we move the committee back rather than having everything dominated in a speaker's office, the better off the congress will be. >> who loses and who gains when -- >> the existing agencies have their pipelines already clogged with money and we throw more money at it without any serious oversight. continuing resolutions are ignoring our responsibility and our goal is that we have got a job to do. it is time we get back to the responsibility. the sooner w
CSPAN
Dec 29, 2012 7:00am EST
mccain to sponsor a burma sanction bill, sanctions were put in place in 1997 and only loosened in july of this year. senator mcconnell became one of aung san suu kyi's chief advocates and we continue to work on behalf of the people of burma. in 2003 following an assassination attempt senator mcconnell and i worked to pass an important man the remains in place today, an effort to bring about further reform and i must say burma is extremely lucky to have a champion like aung san suu kyi. in the face of violence, intimidation, harassment, she has never wavered from her principles or ceased her push for democracy and human rights. she celebrates the relief of political prisoners including approximately 90 released this week but she remains true to them to remain behind bars, a number estimated to be around 200. this woman sacrificed many years of her life to bring about these changes. she is truly an inspiration to the world. you are so well deserving of this congressional gold medal i can only begin to express my thrills and happiness that we are able to present this to you today in this
CNN
Dec 27, 2012 6:00am PST
. >> july 20th, just past midnight, terror inside theater nine. >> aurora, colorado, nine miles east of denver, there's been a mass shooting at a movie theater. >> prosecutors say james holmes donned protective gear, threw tear gas and began firing. in the end, 12 people killed, 58 others wounded. holmes faces 152 charges. many victims continue to recover while others will never recover the loss they suffered that night. and number one. >> unimaginable horror grips the nation in one of the deadliest school shootings in u.s. history. >> tragedy at sandy hook elementary. >> this is unspeakable what happened in this town. >> innocent children shot dead in their classrooms, the victims, 16 6-year-olds, four 7-year-olds along with six adults. >> emily's laughter was infectious and all those who had the pleasure to meet her would agree this world is a better place because she has been in it. >> in newtown, connecticut, an outpouring of kindness and compassion, while a nation faced hard questions about mental health and guns. as the president issued an emotional call for action. >> for thos
CSPAN
Dec 28, 2012 7:00am EST
. [video clip] >> we took that vote back on july 25. it did not originate in the house. it has no chance of becoming law. that is what i said back on july 25. we allow that vote and i said we knew it did not pass constitutional muster and that democrats would proceed to a revenue bill that originated in the house as the constitution requires if they were serious and as i called on them to do last week. the so-called senate bill is no more than a glorified sense of the senate revolution. let's put that talking point aside. host: mitch mcconnell -- or is a story from politico.com, "why they will not go over the cliff." "they see an advantage in negotiating with republicans that will feel free not to raise taxes once the rates have gone out. the president is pulling in the mid 50's. there is still time for the dynamic to shift. speed banner will stress the house has passed legislation to avert the entire fiscal cliff. there is an ad we want to point out in "the new york times" and "the washington post." together" rds "come as a way to send a message to congress. "the struggle of today is fo
FOX Business
Dec 27, 2012 3:00pm EST
. so guys when you look at the vix, remember, we haven't been at these levels since july, and as one trader just pointed out, we were 80 points lower in the s&p 500 the last time we were at these levels in the vix, so things aren't exactly matching up, and his call would be to short the vix at these levels because it's certainly high for where the market is right now. back to you. ashley: you're absolutely right. sandra smith at the cme thank you. we have juss turned positive, literally just above the water mark, now we have just gone below. you think about it, we were down 148 points. so as sandra says, maybe someone knows something about that meeting on sunday. who knows. but certainly the market reacting. the closing bell ringing in about 16, 18 minutes, somewhere in there. let's call it 17. he made the right call on bank of america when everybody else was saying dump it. founder of new generation research told clients to buy that troubled bank at the end of last year when no one else wanted in. b of a, guess what, has more than doubled since then. now, he's found another treasure
FOX Business
Dec 27, 2012 5:00pm EST
yet again. it hit the highest level since july. the vix is up 30% over the last month. >>> apple's tim cook is getting a 99% cut in compensation this year. cook will take home $4.2 million compared to 378 million bucks in 2011. apple made clear the decline has nothing to do with performance. cook's sky-high 2011 pay package was largely award of one million restricted shares of stock after he took the reins at apple as ceo. that money would come in handy in washington, wouldn't it? that is our top story. the senate convened today for emergency session to deal with the fiscal cliff. the house has announced plans to reconvene on sunday. both senate majority leader harry reid and senate minority leader mitch mcconnell spoke a short time ago and neither sounds hopeful of fiscal cliff deal will be made before the deadline. so at this point is there any chance the united states can avoid taking a fiscal cliff dive? joining me for more is republican senator john hoeven of north dakota. and very simply, sir, we appreciate you being here but is harry reid right? are we going off the cliff? >> we
FOX Business
Dec 28, 2012 8:00pm EST
been worked out some time ago. august of the end of july, the house-passed tax bill and senate over to the senate. there were free taken up an amended and take it back. that's the way things usually work. revenue bills must originate the house of representatives. we get to work six months ago. a work product six there and wait for the senate to take something up. here is what is troubling about all this. we will get through this this week however it turns out or next week, however turns out. you are right about the debt limit. that is going to recess well, and then just after that we have an appropriations lapse. so the first three months of the year you have fiscal cliff, debt limit, and appropriations laps all staring the american people in the face. i get it that people are sick of this combat at the same time it is because we have such an nasa's spending problem is the reason why these things are occurring the way they are. tom: you heard the president come out and talk to the white house press corps. he talked about maintain a middle-class tax cuts. he did not define what that
MSNBC
Dec 22, 2012 1:00am PST
to not know what rick rolling was, allow me to demonstrate. in july 2011, the white house tweeted the following. fiscal policy is important, but it can sometimes be dry. and then they pasted a link there for people to click on. when you click on the link to find out about this dry fiscal policies thing, this is happen had when you clicked on the link. ♪ >> there. you have been rick rolled. congratulations. a rick roll is an internet made you look prank. you promise somebody that they're going to see something cool and interesting new, and then they click on the link and get. this always this. it's not like any song, it's always this song. and this song is from 1987 from a man who i'm sure is very nice person who is named rick astley. but his name is rick, so it's rick rolled. this is an old online joke. it's weird and annoying, but it's annoying on purpose. you not only don't get to see the noteworthy thing that you were promised that you were interested enough in to click be, you also get this song stuck in your head, and it stay there's forever. it's the rick roll, okay? well,
MSNBC
Dec 27, 2012 7:00am PST
. on any given day. since july 25th, speaker boehner could have brought it to vote in the house and it would pass, but he's doing -- he has made the decision he's not going to let a vote on that. i've said here, mr. president, it's not too late for the speaker to take up the senate-passed bit, but that time is even winding down. today is thursday. he's going to get 48 hours notice to the house before they came bam, so 48 hours from the day is saturday. with just that one vote, middle-class families -- they would go up at least be $2200. some more, some less, of course. speaker boehner could call house members back today. he shouldn't have let them go, in fact. they are not here. they are not here. john boehner seems to care more about keeping his speakership than keeping the nation on temple financial footing. it's obvious what's going on around here. he's waiting until january 3rd to get reelected as speaker before he gets serious with negotiations. he has so many people over there that won't following what he wants. that's obvious from the debacle that took place last week. it
CNN
Dec 27, 2012 1:00pm PST
that vote back on july 25th, the democratic bill is, quote, a revenue measure that didn't originate in the house so it's got no chance whatsoever of becoming law, end quote. that's what i said back on july 25th. the only reason we ever allowed that vote on that proposal is i said at that time was that we knew it didn't pass constitutional muster. and the democrats were really serious, they would proceed to a revenue bill that originated in the house as the constitution requires and as i called on them to do again last week. to repeat, the so-called nate bill is nothing more than a glorified sense of the senate resolution. so let's put that convenient talking point aside from here on out. last night i told the president we'd be happy to look at whatever he proposes but the truth is we're coming up against a hard deadline here and, as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check or anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american peop
CNN
Dec 28, 2012 9:00am PST
the granddaughters would carry his torch. so suzanne, i hope i'm sitting on the couch with you again on july 18th for his 95th birthday. >> that would be very nice. i would certainly hope that happens. nadia, thank you very much. i appreciate it. and if you want to see more, tune into cnn's "early start weekend" for nadia's full interview with mandela's granddaughters. that's tomorrow at 6:00 a.m. eastern. >>> and u.s. army general whose temper earned him the name stormin' norman has died. general norman schwarzkopf was one of the most celebrated leaders in the post-vietnam era. he led forces in kuwait after "operation desert storm." the retired general died yesterday in tampa, florida. president obama says the country has lost an american original. he was 78 years old. >>> in the philippines, at least 11 people are dead after a tropical cyclone slammed the central part of the country. the storm brought heavy flooding, landslides as well. two people are still missing. now, earlier this month, more than 1,000 died when a typhoon swept through that very same area. >>> the florida man known as the d
CSPAN
Dec 27, 2012 1:00pm EST
. >> julie seger on c-span on verizon. c-span has been brought to you by your television provider as a public service. >> next, it is a global look at the economy with a speech by greek economist. among his many books, the economics professor recently minotaur" andobal natar we will show you as much as we can before the house gavels in at 2:00 p.m. eastern. [applause] >> ladies and gentlemen, france, -- friends, this is a singular honor to be a guest in this temple of civic life. thanks to all the good people for making this possible, to my publisher, the staff that are manning the barricades outside. my novel is debt crisis and the future of the world economy. i will be arguing that there is no such thing as a debt crisis. there is no debt crisis in the united states of america and europe, and there is no such thing as the debt crisis in my own country, which is nevertheless being consumed by debt. you know the joke about balloonist. the balloon has been blown off isrse, and at some point they no such thing as a debt crisis. manage to gain control of the balloon and lower it above a farm. th
CNBC
Dec 26, 2012 7:00pm EST
talked about this is a couple of years ago when we hit hit it in july and i was dead wrong. i was entirely dead wrong. i thought congress would make sure we wouldn't lose our aaa debt rate. >> and we did. >> and -- yeah. i figured certainly logically that yields would go up on bonds. and that the stock market would fall and just the opposite happening. what happen this time to the markets still have patience. you know, rinehart talk about that bang moment when countries are able to continue to issue really cheap debt for a long, long time. sounding like forever and boom. it stops. i don't think that will be this moment. but sooner or later, the world's financing capability and -- intentions and -- stop. >> what do you do right now? i think a lot of people who were watching don't understand necessarily what impact hitting the debt ceiling would necessarily mean to them or to the nation's finance. personally, i think there is a lot of pier mongering in washington and i don't think it is necessarily that big of a deal. what do you do with your finances right here? what are you in
CNBC
Dec 27, 2012 12:00pm EST
has been spiking above 20 for the first time since july. >> exactly. when you see the vix spiking above 20, you say maybe things are getting a little hairy here and wanted to see it above 20 before we got long. >> joe, surely, you're not surprised we're expected to go over the cliff. many people have predicted that for years to come. are you sitting on the sidelines? >> i have nine names, some are financials. i believe when earnings roll around in a couple weeks, that's where we find the strengths. i'm not adding to positions. the apple position is at half size. i'm sitting and holding serve to your point, new year's eve. we understand the ball will be dropped not in time square but the grand canyon and truly go off the cliff. whether you get a resolution, you need something to be a catalyst to the upside beyond what we get in january and that to me is going to come down to earnings and you have to think about what -- >> who likes the market? >> scott, no one will walk around january 2nd, we're over the cliff, i feel totally defic different than december 31st. >> absolutely. there
CNBC
Dec 27, 2012 3:00pm EST
for the first time since july. which would mean that the market was actually getting sweaty palms here, don't you think? >> yeah. it's getting pretty chaotic. the interesting thing to me is you look at the volume. the volume is extremely low. look at a stock like apple. shares 20 million shares in a day. today half the volume. traded 10 million shares. came out and said the house would meet on sunday. the market rallied to the upside this. reminds me of a different scenario. not going to use the dishwasher one. it will remind me of greece. greece is getting bailed out. and going on back and forth. will there be a deal by december 31st? i don't think so, but if a deal gets penned out by mid-january, we can look forward to focusing on earnings and get this fiscal cliff over with so we can see what's going on important in the world, and that's earnings. >> let me -- can i comment on that? >> yeah, sure. >> i want to comment on rick santelli's optimistic view that maybe there really is a deal in the offing. he has a point, you know. it's not over, you know, until it's over and these guys do som
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